Ever wondered where the money in your pockets have been, or where it goes to after you’ve spent it. Wonder no more as currency tracking websites, like our very own TrackDollarBills, have been emerging at a steady rate all over the internet. Currency bill tracking is a phenomenon which is catching on fast and its expected to grow rapidly in the coming years. As so, dozens of currency tracking sites have been set up all around the world to help facilitate this popular hobby. Generally, what a currency tracking website does is aid in the process of tracking the movements of banknotes as it travels from hand to hand, state to state, region to region, and country to country. Of course, extensive website user participation is vital. This, not only has made the concept a possibility, but its now become such an interesting activity to pursue, making it a fun and exciting way to past time.

Basically, users will begin the tour of mapping out the voyage of the bill in interest by registering it on their respective currency tracking sites. They do this by registering the serial numbers of the banknotes that they wish to track, and the route or journey of the bill will be displayed in the form of graphs, statistics, and various other reports. These information will then be notified to all subsequent or past users, each time the same serial number is entered again on the system. The sites primarily provides users with information like the time between each entry of a duplicate dollar bill, the distance the bill travelled, as well as any comments or remarks that a user may want to include regarding that specific note.

Depending on the laws of the countries issuing the currencies, some of these tracking sites actually encourages its users to slightly mark the notes they wish to track, before spending it. This practice, of course, has created many controversies and unwanted attention from the authorities, as its considered as tempering or defacing the currency.

Apart from TrackDollarBills, some of the other international leading websites for currency bill tracking are EuroBillTracker, EuroTracer, and MyEuroBill, all of which tracks the Euro currency. Others include WheresWilly and CanadianMoneyTracker for the Canadian Dollar, MoneyTracker for the Australian Dollar, CashFollow for the Swiss Franc, SEK-Tracker and Sedlarna for the Swedish Kronor, FindLizzy and CashPath for the Pound Sterling, WheresMyBucks for the South African Rand, WheresRenminbi for the Chinese Yuan, TrackGandhi for the Indian Rupee, and WhereIsYusof for the Singapore Dollar.

Most of these sites are administered by specific groups or non-profit organizations, and its day to day operations are supported primarily by volunteers and users who help populate the sites with content, either through the forums, chats, blogs, email support, and various other tasks. These currency tracking sites are usually free to use but some sites do charge a fee for extra features.

To date, these currency tracking sites would have registered and tracked down billions of dollars worth of currency and over a million users, worldwide. The establishment of these currency tracking websites have also inspired other sites that tracks exclusive objects such as used books and even statistical patterns of human travel!

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Tags: Banknotes, Currency bill tracking, currency tracking sites, Currency Tracking Websites, Fun Activity, Interesting Hobby, Serial Numbers

This entry was posted on Thursday, October 16th, 2008 at 3:56 am and is filed under Currency Tracking Website, Economy, Rare Dollar Bills. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.